I think the announcement is too close for day traders leaving MEO to be at the mercy of the market which has had a couple of bad days.
In view of recent rise I think it is holding up pretty well. Unfortunately, those who purchased more recently will be feeling the pinch, but hang in there guys.
If there is bad news from the data room then I feel we would have heard it by now. The CEO has been too upbeat to let us down now.
The play on MEO in recent times must come into balance sometime. Don't think about what could have been in the short term but what will be in the not so distant future ........ thats just me keeping my emotions in check - been doing it for a long time now with my association with MEO.
There's fight in this swimmer yet. Give me some of that vodka tretchikoff.
MEO Price at posting:
69.5¢ Sentiment: LT Buy Disclosure: Held